Coversure on the acquisition trail after MBO

bob-darling-video-screengrab

CEO Bob Darling pledges commitment to the franchise model as broker sets up team to help franchisees make acquisitions.

Coversure Insurance Services Group is to support its franchise holders in making acquisitions, following the firm’s management buyout in May this year.

Chief executive officer Bob Darling explained that the business is “completely committed” to the franchise model after its Livingbridge-backed MBO.

Speaking exclusively to Insurance Age, Darling said: “A private equity firm will often talk about a buy-and-build strategy, but it would normally be within its own business.

“What we’re doing is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Review of the Year 2024: Markerstudy’s Gary Humphreys

Gary Humphreys, group chief underwriting officer at Markerstudy, hails the completion of the Atlanta deal, dreams of having the MGA’s brand adorn the Tottenham Hotspur Stadium and mulls sitting on the sofa and doing Channel 4’s Gogglebox.

Lycetts buys broker Cheviot

Lycetts has strengthened its presence in the North East, purchasing fellow Newcastle-based broker Cheviot Insurance Services.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: